Price sensitive
Milan, 04 November 2013 – The Board of Directors of Prelios S.p.A. which held its meeting on today’s date, examined and approved the consolidated results at 30 September 2013 (which have not been audited yet).
- MANAGEMENT PLATFORM REVENUES: 70.9 €/MLN (91.6 €/MLN AT SEPTEMBER 2012)
- EBIT: -7.8 €/MLN (-6.1 €/MLN AT SEPTEMBER 2012)
- MANAGEMENT PLATFORM EBIT: -3.5 €/MLN (7.6 €/MLN AT SEPTEMBER 2012)
- EBIT FROM INVESTMENT ACTIVITIES: -4.3 €/MLN (-13.8 €/MLN AT SEPTEMBER 2012)
- FIRST POSITIVE SIGNS OF THE COST CONTAINMENT POLICY ADOPTED BY THE COMPANY WHICH ENABLED IT TO REDUCE OPERATING EXPENSES BY OVER 12 €/MLN IN THE FIRST NINE MONTHS OF THE YEAR
- NET RESULT NEGATIVE FOR 44.2 €/MLN (-171.0 €/MLN AT SEPTEMBER 2012); THIS RESULT IS IMPACTED BY WRITEDOWNS, VALUE IMPAIRMENTS AND RE-ORGANIZATION CHARGES FOR ABOUT 40 €/MLN
- NET FINANCIAL POSITION NEGATIVE FOR 358.1 €/MLN (-520.5 €/MLN AT 31 DECEMBER 2012), HIGHLY IMPROVING AS A RESULT OF THE EQUITY STRENGTHENING AND FINANCIAL REBALANCING EXTRAORDINARY TRANSACTION COMPLETED IN AUGUST 2013
- THE FIRST NINE MONTHS HAVE BEEN IMPACTED BY THE ECONOMIC SITUATION THAT IS STILL HIGHLY NEGATIVE AND BY THE LONGER TIME REQUIRED BY THE EXTRAORDINARY TRANSACTION